Borrowing in Wilcox, Saskatchewan

This page covers borrowing in Wilcox, Saskatchewan: the census facts, the provincial rules, and the products people compare.

How borrowing works locally

Debt management plans are administered by accredited credit counsellors, and they are not loans.

A prepayment privilege allows a borrower to pay more than the scheduled amount, sometimes with a charge attached. A shorter term raises each payment and lowers the total interest, which is the trade every schedule makes.

Products compared here

The site describes 20 products in total; the two below are representative of the range.

• Instalment loans: A fixed number of fixed payments, sized larger and longer than a payday advance.
• Secured loans: Borrowing against an asset, which lowers the price but puts the asset at risk if you default.

The census figures for Wilcox

Statistics Canada's 2021 Census gives Wilcox a population of 261. The community covers 1.4 square kilometres of land.

Population divided by land area produces a density of 182.5 people per square kilometre.

The community is the 530th largest place in the province within this census set.

Compared with the other 733 covered Saskatchewan places, Wilcox ranks 530 by population.

The Saskatchewan rules that apply

Provincial or territorial law decides who may lend in Saskatchewan, and the Financial Consumer Agency of Canada publishes the list that names the regulator responsible.

Payday lending is licensed in Saskatchewan; the federal Payday Lending Regulations (SOR/2024-114) publish a cap of $14 per $100 under the federal limit (this province's own published limit is $17 per $100 advanced, the top of the range the Regulations describe) advanced, and notes that a province may set a lower figure.

The lowest band groups villages, rural municipalities and small towns, all read against the same provincial rulebook.

Wilcox is one of 733 covered Saskatchewan places, counted at 261 residents with a land area of 1.4 square kilometres.

The Wilcox page follows the same structure as every other place page, with population, land area, density and rank.

Where a figure for Wilcox could not be verified, the page names the publisher instead of printing a number.

Wilcox appears in the census record with 261 residents, and the density of 182.5 people per square kilometre follows from it.

Wilcox sits at rank 530 within Saskatchewan in this data set, and the provincial rules apply as they do elsewhere.

Nothing on the Wilcox page is estimated; the population and land area come from Statistics Canada's 2021 Census of Population.

For Wilcox, the two census fields above are the only local statistics used anywhere on the page.

Wilcox ranks 530 by 2021 Census population among the covered places in Saskatchewan.

The density figure for Wilcox, 182.5 people per square kilometre, is calculated from the population and land area above.

At 261 residents in the 2021 Census, Wilcox is listed alongside the other covered places in Saskatchewan.

Readers comparing Wilcox with another community can use the same four census fields.

The land area recorded for Wilcox is 1.4 square kilometres, and the population is 261 residents in the 2021 Census.

loanmoose.ca is not a lender and does not make credit decisions. The lowest rates are only available to the most qualified applicants.

Census figures are from Statistics Canada's 2021 Census of Population, and the payday position is taken from the federal Payday Lending Regulations (SOR/2024-114).

Compare the disclosure on any agreement against the provincial ceiling, and treat the census figures as the only local statistics on the page.